Okla. Admin. Code § 765:10-3-5

Current through Vol. 42, No. 7, December 16, 2024

Section 765:10-3-5 - Prohibited Acts

(a) A used motor vehicle dealer shall not solicit or offer compensation for referrals of prospective buyers from used motor vehicle salespersons employed by another used motor vehicle dealer.

(b) A used motor vehicle dealer shall not fail to execute any of the forms required in a used motor vehicle transaction. A used motor vehicle dealer who fails to execute the required forms or who violates the terms of any contractual obligation in the sales transaction shall be subject to the appropriate fine for violation of the Rules of the Commission.

(c) A used motor vehicle dealer shall not display or offer a used motor vehicle for sale at any location, other than the location for which the dealer has been issued a license or at the location of another licensed used motor vehicle dealer by consignment. Provided, this prohibition shall not restrict a dealer from taking a vehicle to an identified prospective buyer for inspection and demonstration for the convenience of the parties.

(d) A used motor vehicle dealer shall not offer a used motor vehicle for sale or lease to option to purchase on Sundays, unless the dealer is conducting a classic, antique, or special interest automobile auction.

(e) A used motor vehicle dealer shall not allow an unlicensed individual or a salesperson to act as a dealer using the dealer's license, or allow any unlicensed person to use the dealer's name, license, or dealer number for any prerogative reserved to a dealer.

Okla. Admin. Code § 765:10-3-5

Added at 23 Ok Reg 2884, eff 6-25-06

Amended by Oklahoma Register, Volume 32, Issue 23, August 17, 2015, eff. 8/27/2015

Amended by Oklahoma Register, Volume 34, Issue 24, September 1, 2017, eff. 9/11/2017